From a professional academic point of view, social security fund (social insurance fund) is a project that the government collects some fees in advance to solve the problems of unemployment, medical care and pension that may be faced in the future.
Social security payments and social subsidies cannot be confused, and there are certain differences between them. Social subsidies are the general term for the government to allocate part of its fiscal revenue every year to subsidize the disabled, the affected people and the poor.
Social security fund is the "reserve army" of pension. Once the latter has a gap, the social security fund will come up. In recent years, the scale of social security fund has been expanding, and the overall income far exceeds the inflation rate.
Extended data:
Social insurance is compulsory by the state, and all units and individuals must participate.
"Labor Law" Article 72 "Social insurance funds shall determine the source of funds according to the types of insurance, and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law. " It is illegal for an employer not to pay social insurance for workers in accordance with state regulations, and its direct consequence is to infringe upon the legitimate rights and interests of workers.
Social security is the abbreviation of social overall insurance, including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The difference between social security and endowment insurance is that endowment insurance is a kind of social security.
Social overall planning refers to the unified planning of the collection, management and use of endowment insurance funds within a certain range. The overall planning area is responsible for the balance of the endowment insurance fund in this area, and the balance is mainly dominated and used by this overall planning area. The gap generally needs to be filled by the government at the same level and the finance at the same level.
References:
Baidu Encyclopedia-National Social Security Fund